01.05.2020 · DION news

DION and Lac Viet develop an online auction platform together

Launched on 1 May 2020, the Lac Viet online auction platform marked a partnership between Lac Viet’s auction expertise and Digital Innovation’s engineering capabilities.

Supplied VTV1 still documenting the Lac Viet online auction platform presentation.
Supplied VTV1 still documenting the Lac Viet online auction platform presentation.

From domain needs to a digital platform

Digital Innovation partnered with strategic partner Lac Viet Auction Partnership to develop an online auction platform. The project combined domain knowledge with DION’s software development capabilities.

Press reporting records the launch on 1 May 2020. At introduction, the system was in a trial stage awaiting appraisal and licensing. Launch therefore should not be confused with approval to conduct official auctions.

Nguyễn Trọng Hùng, Director of Digital Innovation, in a supplied VOV Vietnam Journey interview still.
Nguyễn Trọng Hùng, Director of Digital Innovation, in a supplied VOV Vietnam Journey interview still.

A partnership built around complementary expertise

Đỗ Thị Hồng Hạnh was General Director of Lac Viet Auction Partnership. At that time, Nguyễn Trọng Hùng held the official roles of Director of Digital Innovation Company Limited and Director of Novatic Joint Stock Company.

The collaboration laid the foundation for a specialist product. Operational processes, information and user interactions needed to become practical software capabilities. The task was not simply to put an activity on a website, but to translate domain requirements into a suitable system.

A milestone in DION’s product journey

Lac Viet became an important milestone in DION’s development of products for organizational needs. It illustrates the value of sustained collaboration between engineers and people who understand the application domain.

DION starts with practical value: understanding the problem, developing a product and refining it with partners. The 2020 launch began that journey in online auctions.

Source reporting